$777,000
$777,000
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2 Beds
1 Bath
650 SqFt
SOLD DATE : 12/21/2021
Key Details
Sold Price $777,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $1,195
MLS Listing ID OC21252958
Sold Date 12/21/21
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1939
Lot Size 9,035 Sqft
Acres 0.2074
Property Description
Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special. Seller may consider carrying 10% as a second loan.
Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special. Seller may consider carrying 10% as a second loan.
Location
State CA
County Los Angeles
Area Paramount (90723)
Zoning 3407 SOMER
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with Ty Loosmore • South Coast Realty